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Economic Analysis and Policies in the Energy Sector—2nd Edition

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Special Issue Information

Dear Colleagues,

Recently, there has been a growing research interest in tackling various environmental problems, with associated findings related to empirical applications and their policy implications. The aim of this Special Issue is to consider economic analyses in terms of the most updated and advanced empirical and theoretical methods applied to energy problems.

The main purpose of this Special Issue is to feature the theoretical and empirical practice of sustainable policy performance measurements. The progress of the green economy includes methodological issues in order to indicate and present spatio-temporal patterns of resource and energy use and its associated pollution. Results will be discussed in support of sustainable energy policies. This Special Issue seeks the methodological framework to contribute to sustainable energy policy development, provide energy policy initiatives targeted to socio-economic goods/benefits to capture sustainability obstacles and negative environmental impacts, and to highlight the links and interactions between economic and environmental systems.

The expected outcome is to set targets, propose models for sustainable growth and energy policies, and analyze policy interactions. Potential contributors include researchers and specialists in energy economics and policies.

Prof. Dr. George Halkos
Guest Editor

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Keywords

economic growth and the environment: eco-friendly policies
methodologies for studying the environment in all its dimensions: the visual dimension, pollution, the despoliation of resources, air and water quality, noise pollution
biodiversity and valuation
acid rain, deforestation, ozone depletion, polluted seas
global warming and climate change
population, poverty and economic growth
decoupling of environmental and resource pressures
sustainable transportation
sustainable tourism
environmental efficiency and productivity analysis
sustainable development
waste management
unexpected events

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Research

19 pages, 3355 KB

Open AccessArticle

EU Energy Markets and Renewable Energy Sources—Are We Waiting for a Crisis?

by Tomasz Sieńko and Jerzy Szczepanik

Energies 2025, 18(15), 4201; https://doi.org/10.3390/en18154201 - 7 Aug 2025

Viewed by 332

Abstract

Interactions between the increased penetration of the power system by renewable energy sources (RESs) and the energy pricing mechanism in the EU (day-ahead market) can lead to many unexpected and paradoxical consequences. This article analyses the case of the long-term maintenance of prices around zero on the day-ahead market in south-western Europe at a certain time of a day. This is an important case since, at the same time, this area generates electricity from a similar source mix as it is in the target for the EU. Zero or very low energy prices are becoming increasingly common across the EU. This can pose a problem for the stability of the electricity supply, as it translates into a lower power of used disposable power sources, which can be used as a reserve when the majority of the energy supply comes from renewable energy sources. Furthermore, this work refutes the most frequently proposed solution to the problem of excessively low prices based on energy storage systems. This work attempts to analyze the long-term low-price situation in Spain and extrapolate the expected consequences based on it; however, it is difficult to find all the factors that occur in the power system and influence the price market and vice versa. The issue is multidimensional and complex, and the analyzed situation revealed a number of trends. Therefore, a multifaceted problem remains. A constant electricity supply must be ensured at a reasonable price, thus avoiding the exposure of individual consumers to energy shortages or significant price increases, while, at the same time, the EU must reduce dependence on fossil fuels, and its legislation must push for reduced CO₂ emissions. On the other hand, the EU must provide some type of market mechanism to support the achievement of these goals because the current pricing mechanism based on the day-ahead market does not seem to be effective. This article aims to spark a discussion about this problem; it does not provide any simple solutions to it. Full article

(This article belongs to the Special Issue Economic Analysis and Policies in the Energy Sector—2nd Edition)

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